Common use of Vested Right to Develop Clause in Contracts

Vested Right to Develop. Developer shall have a vested right to develop the Project on the Project Site in substantial conformance with the terms and conditions of this Agreement, the Project Approvals (as and when issued), the Subsequent Approvals (as and when issued), and amendments thereto as shall, from time to time, be approved pursuant to this Agreement. Nothing in this Section 6.01 shall be deemed to eliminate or diminish the requirement of Developer to obtain any required Subsequent Approvals.

Appears in 7 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Vested Right to Develop. Developer shall have a vested right to develop the Project on the Project Site in substantial conformance with the terms and conditions of this Agreement, the Project Approvals (as and when issued), the Subsequent Approvals (as and when issued), and amendments thereto as shall, from time to time, be approved pursuant to this Agreement. Nothing in this Section 6.01 shall be deemed to eliminate or diminish the requirement of Developer to obtain any required Subsequent Approvals.Approvals.β€Œ

Appears in 1 contract

Samples: Development Agreement

Vested Right to Develop. Developer shall have a the vested right to develop the Project on for the Project Site in substantial conformance with the Term of this Agreement, subject to all terms and conditions of this Agreement, Agreement and the Applicable Law. Project Allocations shall be allocated as of the Effective Date and shall be available the Project Approvals (through the Term, as and when issued), the set forth further in Section 4.02. Any Subsequent Approvals (as and when issued), and amendments thereto as shall, from time to time, be approved pursuant to this Agreement. Nothing in this Section 6.01 Approval shall be deemed to eliminate or diminish the requirement of Developer to obtain any required Subsequent Approvalsincorporated into this Agreement and vested hereby.

Appears in 1 contract

Samples: Development Agreement

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Vested Right to Develop. Developer shall have a vested right to develop the Project on the Project Site in substantial conformance accordance with the terms and conditions of this Agreement, the Project Approvals (as and when issued), the Subsequent Approvals (as and when issued), and amendments thereto as shall, from time to time, be approved pursuant to this Agreement. Nothing in this Section 6.01 section shall be deemed to eliminate or diminish the requirement of Developer to obtain any required Subsequent Approvals.

Appears in 1 contract

Samples: Development Agreement

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